Australia’s Ampol logs record half-year profit with more than four-fold rise

Lindsay Australia reported record H2 2026 results, with FY 2026 revenue exceeding AUD 1 billion for the first time. The company's underlying earnings per share (EPS) rose 10% year-over-year to AUD 0.076, while revenue increased 26% to AUD 1.072 billion. Shares traded at $0.675, slightly unchanged from the previous close. The company's transformation over three years culminated in a larger national network and integrated facilities in Perth and Adelaide.

Transport division revenue grew 32.9% to AUD 762.9 million, and EBIT increased 25.9% to AUD 77 million. The rural division saw a 15.3% revenue rise to AUD 190.8 million and a 22.8% EBIT growth to AUD 12.2 million. Management attributes the success to market-share gains, better network utilization, and efficiency from higher-productivity vehicles.

No earnings consensus was available, but improvements were notable given heavy investment. The company's 52-week trading range was $0.53 to $0.74, and InvestingPro rated the stock as undervalued. Management outlined FY 2027 growth engines: refrigerated primary logistics, secondary freight, and agricultural services, with a AUD 20 million capital investment focused on North Queensland freight work.